bedrooms
2
bathrooms
0
square feet
3,000
Acreage
0.16
Open Houses
-
year built
1960
Full Baths
0
Half Baths
0
potential owner occupant, courtyard style fourplex with two bedroom, one bathroom units each with washer/dryer hookups or washer/dryers.The prior owner remodeled the property with a new roof, new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers new evaporative coolers updated electrical, wrought iron security fence, new toilets as well as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment. Measures of investment performance at ask price of $433,651 and current average rent of $906 are a GRM of 9.97, a 6.71% cap rate, $108,413 per unit, $144.55/sf.If rents are raised to closer to market rates of $1,075 the cap rate improves to 8.10%
| Location | |
| Subdivision | Emil Mann |
| County | Bernalillo |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
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MLS number: 1077102
Listing agent:
Todd D Clarke
#13711
Listing broker:
Nm Apartment Advisors Inc.
(505) 440-8633
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, January 25 2025 at 9:36 p.m. EST
Kotohomes National